Who Is competing Bitcoin Cash with?

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Avatar for Gutiman18
2 years ago

Money Is the human tool which allow people to alocate Energy AND information to Produce products AND services.

Bitcoin Cash since its conception has been looking to Be a peer to peer electronic Cash system as envisioned by Satoshi Nakamoto. If we study which cryptocurrencies has this properties we would have to ask, which are being accepted by people the most?

We are not including in this the Lightning Network since It Is not a Blockchain nor crypto.

Big news to crypto have been displayed in These last days like Paypal, AMC, Bitpay, etc including in their platforms AND companies the crypto payment opction. Also a Fake news about Litecoin being accepted by Walmart stores was also trending worldwide.

In my opinion, Litecoin, Dogecoin and Dash have been the Real competitors to the Bitcoin Cash market. I think Dogecoin Is following the footsteps of Bitcoin Cash making bridges with the Ethereum Virtual Machine environment too.

Real winners Will be determined by people adoption not by governments mandate. The community which Is behind a crypto Is the Key factor to determine which product Is the Best.

Bitcoin Cash has the strongest community driven by people with a Sense of Liberty, Voluntarianism AND Individualism.

The other coins mostly are driven by Feer AND Greed with the exception of Litecoin. So Litecoin Is the main competitor of Bitcoin Cash because of its community, technology AND adoption.

Gutiman18 ❌

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